Remortgage Calculator

Remortgage Calculator
Enter the current balance of your mortgage: (your existing mortgage lender can supply this information if you are unsure)
Enter the total amount of your monthly mortgage payment: (capital and interest)
Enter the interest rate on your current mortgage:
Enter interest rate you will be remortgaging at:
Enter the number of years you will be remortgaging for:
Enter the total of any costs involved in remortgaging: (any redemption penalties to your existing lender plus any arrangement, valuation and legal fees for your new mortgage)

This is how much your monthly payment will be if you remortgage:
Monthly Savings:
Number of months to break even on remortgage costs:
This is how much interest you will pay if you keep with your existing mortgage:
This is how much interest you will pay if you remortgage:
This is how much interest you will save if you remortgage:
Net savings from remortgaging (interest savings less closing costs):

Based on an original script from WWS

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